Summary:
The book delineates seven fundamental strategies that businesses can leverage to gain a competitive advantage: scale economies, network economies, counter-positioning, switching costs, branding, cornered resource, and process power. It provides a framework for understanding and applying these strategies to achieve long-term sustainable profits in various competitive landscapes.
Key points:
1. Power: Power is a business's ability to keep its competitive edge by offering unique value that competitors can't easily copy.
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